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Published on 3/7/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Atlas Pipeline calls $275.48 million 8 1/8% senior notes due 2015

By Melissa Kory

Cleveland, March 7 - Atlas Pipeline Partners, LP announced that it will redeem its $275,479,000 of 8 1/8% senior notes due 2015 on April 8.

The redemption will be funded primarily with the proceeds from Atlas Pipeline's sale of its remaining 49% interest in Laurel Mountain Midstream, LLC on Feb. 17.

Based in Moon Township, Pa., Atlas Pipeline Partners is a natural gas pipeline operating company.


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